TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 13, 1:00 AM EST
Polymarket
This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.
This market will resolve to "Up" if the close price is greater than or equal to the open price for the ETH/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the ETH/USDT pair (https://www.binance.com/en/trade/ETH_USDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance ETH/USDT, not according to other exchanges or trading pairs.
Prediction market odds often diverge from spot price expectations because they reflect forward-looking consensus rather than current valuations. While spot prices respond to immediate supply and demand, this market aggregates traders' beliefs about future price direction over a specific timeframe. When major news or technical developments emerge, odds may shift faster or slower than spot prices depending on how quickly market participants process the information. Comparing the two reveals whether traders expect momentum, reversal, or consolidation relative to current levels.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, this market is priced through an automated market maker that adjusts odds based on the volume and direction of incoming trades. Buyers and sellers place orders that move the probability up or down, with the spread between bid and ask reflecting liquidity and uncertainty. As traders wager on whether Ethereum will rise or fall, the contract price converges toward the consensus forecast. The mechanism ensures continuous pricing without reliance on a single counterparty.
This market resolves around Jul 13, 2026, at which point the outcome is determined by verifying Ethereum's price direction against credible public sources. The resolution hinges on whether the price moved up or down from the reference point established at market creation. Once the event is confirmed through established market data, the winning outcome is paid out to holders of the correct position. Traders should monitor the approach to the deadline to ensure they understand the exact settlement mechanics.
Major catalysts for this market include Ethereum network upgrades, regulatory announcements, macroeconomic shifts, and Bitcoin price movements, since Ethereum often correlates with broader crypto sentiment. Technical developments such as staking changes or layer-two scaling updates can shift long-term expectations. Broader financial events—interest rate decisions, inflation data, or geopolitical tensions—also influence risk appetite and crypto valuations. Traders monitor on-chain metrics, developer activity, and institutional inflows as real-time signals that may trigger rapid repricing before the deadline.